Dear Fellow Investor,
When Thought Leaders was organized in 2018, we began with a vision. We started by assembling experts to determine the best course of action to realize our vision. One of our key learnings was the importance of having a winning product strategy.
In early 2019, we started evaluating technology, cost-to-manufacture, scalability, time-to-market, and profit potential of prospective product development opportunities and acquisition targets.
In November 2019, CTH, Ltd. (CTH), approached us with their QUB TM device, which employs an innovative Heat not Burn (HnB) design. We immediately commenced legal and product-specific due diligence. On January 30, 2020, we signed a definitive agreement to sequentially invest in and acquire in stages CTH and its intellectual property.
We hope to capitalize on two multi-billion-dollar opportunities:
We have also made huge progress in assembling our executive team and board of directors. We have targeted tobacco, engineering, regulatory, science, and adult consumer branding experience. We believe we will be capable of successfully commercializing our future product portfolio.
We believe CTH’s QUB has the potential to disrupt both the CBD and tobacco markets. Seizing this valuable opportunity will require additional capital to transition from start-up to commercialization.
Thought Leaders is in the early stages of a bold and very challenging venture. However, we believe that the unprecedented commercial greenfield market opportunity for QUB, coupled with our team’s strategic vision and practical expertise has the potential to generously reward investors. We look forward to validating your decision to support this exceptional opportunity.
President and Chief Executive Officer
May 4, 2020
201 North Union Street, Suite 110 Alexandria, VA 22314
Copyright © 2018 Thought Leaders - All Rights Reserved.